Alliance Data Systems Corporation (ADS) Stake Held by Cryder Capital Partners LLP

Cryder Capital Partners LLP held its position in shares of Alliance Data Systems Corporation (NYSE:ADS) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 131,008 shares of the business services provider’s stock at the end of the second quarter. Alliance Data Systems Corporation comprises approximately 12.3% of Cryder Capital Partners LLP’s portfolio, making the stock its 4th largest position. Cryder Capital Partners LLP owned approximately 0.24% of Alliance Data Systems Corporation worth $33,628,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ADS. Candriam Luxembourg S.C.A. raised its stake in shares of Alliance Data Systems Corporation by 15.4% in the first quarter. Candriam Luxembourg S.C.A. now owns 3,596 shares of the business services provider’s stock valued at $895,000 after buying an additional 480 shares during the last quarter. Northern Capital Management LLC raised its stake in shares of Alliance Data Systems Corporation by 0.9% in the first quarter. Northern Capital Management LLC now owns 4,055 shares of the business services provider’s stock valued at $1,010,000 after buying an additional 35 shares during the last quarter. State of Alaska Department of Revenue acquired a new stake in shares of Alliance Data Systems Corporation during the first quarter valued at approximately $198,000. Boys Arnold & Co. Inc. raised its stake in shares of Alliance Data Systems Corporation by 31.1% in the first quarter. Boys Arnold & Co. Inc. now owns 3,265 shares of the business services provider’s stock valued at $813,000 after buying an additional 775 shares during the last quarter. Finally, Alta Capital Management LLC raised its stake in shares of Alliance Data Systems Corporation by 8.9% in the first quarter. Alta Capital Management LLC now owns 80,437 shares of the business services provider’s stock valued at $20,028,000 after buying an additional 6,569 shares during the last quarter. Institutional investors own 98.89% of the company’s stock.

Alliance Data Systems Corporation (ADS) opened at 221.27 on Friday. The stock’s 50 day moving average price is $243.69 and its 200 day moving average price is $244.69. The firm has a market capitalization of $12.28 billion, a PE ratio of 25.23 and a beta of 1.76. Alliance Data Systems Corporation has a 52-week low of $196.40 and a 52-week high of $266.25.

Alliance Data Systems Corporation (NYSE:ADS) last posted its quarterly earnings data on Thursday, July 20th. The business services provider reported $3.84 earnings per share for the quarter, topping the consensus estimate of $3.47 by $0.37. Alliance Data Systems Corporation had a net margin of 6.77% and a return on equity of 59.67%. The firm had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.85 billion. During the same period in the previous year, the company posted $3.68 EPS. The company’s quarterly revenue was up 4.2% compared to the same quarter last year. Analysts expect that Alliance Data Systems Corporation will post $18.06 earnings per share for the current year.

Alliance Data Systems Corporation declared that its board has approved a stock repurchase plan on Thursday, July 27th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the business services provider to purchase shares of its stock through open market purchases. Stock buyback plans are often an indication that the company’s leadership believes its stock is undervalued.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 19th. Stockholders of record on Monday, August 14th will be issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 0.94%. The ex-dividend date of this dividend is Thursday, August 10th. Alliance Data Systems Corporation’s dividend payout ratio is currently 23.69%.

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A number of analysts have recently issued reports on the company. ValuEngine raised Alliance Data Systems Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, June 20th. Zacks Investment Research raised Alliance Data Systems Corporation from a “hold” rating to a “buy” rating and set a $288.00 price target on the stock in a research note on Tuesday, June 20th. Argus assumed coverage on Alliance Data Systems Corporation in a research note on Thursday, July 13th. They issued a “buy” rating and a $309.00 price target on the stock. Wedbush reaffirmed a “neutral” rating and issued a $252.00 price target (up from $225.00) on shares of Alliance Data Systems Corporation in a research note on Tuesday, June 6th. Finally, Barclays PLC downgraded Alliance Data Systems Corporation from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $285.00 to $265.00 in a research report on Friday, July 21st. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have given a buy rating to the company’s stock. Alliance Data Systems Corporation currently has an average rating of “Hold” and an average price target of $252.31.

Alliance Data Systems Corporation Company Profile

Alliance Data Systems Corporation is a provider of data-driven marketing and loyalty solutions serving consumer-based businesses in a range of industries. The Company offers a portfolio of integrated outsourced marketing solutions, including customer loyalty programs, database marketing services, end-to-end marketing services, analytics and creative services, direct marketing services, and private label and co-brand retail credit card programs.

Institutional Ownership by Quarter for Alliance Data Systems Corporation (NYSE:ADS)

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